Don Hankey

$8.15 B

Ranked #417 in World

About Don Hankey

Financier Don Robert Hankey, with a net worth of $5.5 billion as of September 2021, revolutionized the auto-loan industry through Westlake Financial Services, a cornerstone of the Hankey Group, targeting subprime markets. Born to a car dealer in 1943, the University of Southern California alumnus and real estate investor provided a substantial $82.5 million for 'The One' mansion in Los Angeles. The Malibu resident, father and chairman of Nowcom, Don Rufus Hankey, continues his legacy.

Born

June 13, 1943 in Los Angeles, California, U.S.

Age

82 years

Source Of Wealth

Auto Loans

Industries

Finance & Investments

Citizenship

United States

Residence

Las Vegas, Nevada

Education

Bachelor of Arts/Science, University of Southern California

Children

Don Robert Hankey was born on June 13, 1943, in Los Angeles, California. His father was a successful car dealer in Los Angeles, and Hankey grew up in a wealthy family. He attended private schools and went on to earn a degree from the University of Southern California.

Don Hankey: Family

Hankey is married and has four children. He resides in Malibu, California. His son, Don Rufus Hankey, serves as chairman of Nowcom, a car-lending software developer, and the Hankey Group company.

Don Hankey: Career Highlights

After graduating from college, Hankey took over his father's Ford dealership in 1972. He quickly grew the business and expanded into other areas, including real estate investment. In 1987, he founded Westlake Financial Services, which specializes in subprime car loans. Westlake Financial Services has become one of the largest subprime auto lenders in the United States.

In addition to his work in the automotive industry, Hankey is also a real estate investor. He owns several properties in Downtown Los Angeles, including the historic Bradbury Building. In 2018, he lent Nile Niami $82.5 million for the construction of The One, a massive mansion in Bel Air.

Don Hankey: Companies

Hankey is the founder and chairman of the Hankey Group, a privately held company that includes Westlake Financial Services, Nowcom, and several other businesses. Westlake Financial Services is the main business of the Hankey Group and is one of the largest subprime auto lenders in the United States.

Don Hankey: Major Achievements

Hankey has built a successful business empire from the ground up. He is the founder and chairman of the Hankey Group, which has a net worth of over $5.5 billion. He is also a well-known philanthropist and has donated millions of dollars to various charities.

Don Hankey: Awards & Achievements

Hankey has received numerous awards and accolades for his business success and philanthropy. He was named the Ernst & Young Entrepreneur of the Year in 2006 and was inducted into the Automotive Hall of Fame in 2019.

He has also received honorary degrees from several universities.

Don Hankey: Personal Life & Legacy

Hankey is a private person and does not share much information about his personal life. He is married and has four children. He resides in Malibu, California, and enjoys spending time with his family and friends.

Don Hankey: Trivia

Hankey is a car enthusiast and owns a collection of classic cars. He is also a pilot and enjoys flying his own plane.

Wealth History

Timeline

June 13, 1943

Don Robert Hankey is born in Los Angeles, California.

1972

Takes over his father's Ford dealership.

N/A

Builds the Hankey Group, with its main business being Westlake Financial Services, which specializes in subprime car loans.

N/A

Becomes a real estate investor in Downtown Los Angeles.

2018

Lends Nile Niami $82.5 million for the construction of The One.

September 2021

Has a net worth of $5.5 billion.

Don Hankey : FAQs

What is Don Hankey's current net worth?

Don Hankey's current net worth is $8.15 billion.

What is Don Hankey's current global rank among billionaires?

Don Hankey holds the 417th position globally among billionaires.

What is Don Hankey's current ranking within the United States?

Don Hankey holds the 164th position in United States.

What was the change in Don Hankey's net worth compared to the previous year?

Don Hankey's net worth decreased by 0 million dollars compared to the previous year 2025, when his net worth was 8.15 billion dollars.

What are Don Hankey's main sources of wealth?

Don Hankey's main source of income comes from Auto Loans.

In which industry does Don Hankey primarily operate?

Don Hankey is primarily involved in the Finance & Investments industry.

What is Don Hankey educational background?

Don Hankey holds a Bachelor of Arts/Science from the University of Southern California.

How old is Don Hankey?

Don Hankey is 82 years old.

How many children does Don Hankey have?

Don Hankey has 4 children.

Who is Don Robert Hankey and when was he born?

Don Robert Hankey is a prominent businessman born on June 13, 1943, in Los Angeles, California.

How did Don Robert Hankey start his career in the automotive industry?

Don Robert Hankey began his career in the automotive industry by taking over his father's Ford dealership in 1972, which led to the creation of the Hankey Group.

What is Westlake Financial Services and who founded it?

Westlake Financial Services is a company specializing in subprime car loans and is a main business of the Hankey Group, founded by Don Robert Hankey.

What are some personal details about Don Robert Hankey's family life?

Don Robert Hankey is married with four children and resides in Malibu. His son, Don Rufus Hankey, is the chairman of Nowcom, a car-lending software developer, part of the Hankey Group.